Post Utme Wellspring University 2023 Economics Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2023 Economics Objective / Multiple Choice
Question 33 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's \cost function is given by \( C = 100 + 2Q \), where ( C ) is the \cost and ( Q ) is the output. If the firm produces 50 units, what is the total \cost?

Answer Options

A. ₦150
Correct Answer B. ₦200
C. ₦250
D. ₦300
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Wellspring University 2023 Economics Question 33. It is one of the objective questions from the 2023 Post Utme Wellspring University Economics examination.

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